Module E
Risk management scope / Different risk area /category of risk:
Risk management process / 1. Credit Risk :defaulter,counterparties
sound risk Management framework or ,Borrowers risk
system [Link] Risk :Interest rates ,foreign
1. Risk identification exchange rate risk, foreign
2. Risk assessment trade based risk
3. Risk measurement [Link] Rrisk :Fraud risk, process risk,
4. Risk mitigation system risk.
5. Risk monitoring and Reporting [Link] Risk,
6. Governance and culture [Link] rate risk.
7. Compliance and regulations [Link] risk
8. Review and Improvement. [Link] and social risk,
[Link] risk
[Link] and Regulatory risk.
Roll and responsibilities of CEO
board of directors supervisors Senior Shocking events in stress test
Management: 1. Severe Economic recession
1. Strategic planning
[Link] market crash: drop in asset prices,
[Link] goals
such as a housing market or a stock market
[Link] functional departments
[Link] Management [Link] Collapse: share market.
[Link] management [Link] of major borrowers
6. Risk management [Link] downgrades
[Link] control management [Link] crisis
8. legal and Regulatory Complaince
[Link] default: The default of a
9. Approving organizational policies
government defaulting on its debt
10. Approving financial statements
obligations,financial instability
11. Approved budget
12. Meeting a board [Link]
13. Overseeing management 9. Sudden interest rate hike
[Link] and overseeing risk appetite
[Link] corporate culture
[Link] relation and communication.
Different Steps for successful ERM
COSO(Committee of sponsoring implementation :
Organization): ERM components: [Link] commitment and alignment
[Link] risk culture [Link] Environment:Established risk culture
2. Setting objectives and goals [Link] objectives and goals
[Link] Identification [Link] Identification and associated
4. Risk Assessment [Link] a strong policy framework
5. Risk response [Link] Risk response plans
6. Control activities [Link] Control activities and key risk
[Link] and communication activities
8. Risk Monitoring and Reporting [Link] Information and communication
process
[Link] Monitoring and Reporting
[Link] and development
Module E
Risk management scope / Different risk area /category of risk:
Risk management process / 1. Credit Risk :defaulter,counterparties
sound risk Management framework or ,Borrowers risk
system [Link] Risk :Interest rates ,foreign
1. Risk identification exchange rate risk, foreign
2. Risk assessment trade based risk
3. Risk measurement [Link] Rrisk :Fraud risk, process risk,
4. Risk mitigation system risk.
5. Risk monitoring and Reporting [Link] Risk,
6. Governance and culture [Link] rate risk.
7. Compliance and regulations [Link] risk
8. Review and Improvement. [Link] and social risk,
[Link] risk
[Link] and Regulatory risk.
Roll and responsibilities of CEO
board of directors supervisors Senior Shocking events in stress test
Management: 1. Severe Economic recession
1. Strategic planning
[Link] market crash: drop in asset prices,
[Link] goals
such as a housing market or a stock market
[Link] functional departments
[Link] Management [Link] Collapse: share market.
[Link] management [Link] of major borrowers
6. Risk management [Link] downgrades
[Link] control management [Link] crisis
8. legal and Regulatory Complaince
[Link] default: The default of a
9. Approving organizational policies
government defaulting on its debt
10. Approving financial statements
obligations,financial instability
11. Approved budget
12. Meeting a board [Link]
13. Overseeing management 9. Sudden interest rate hike
[Link] and overseeing risk appetite
[Link] corporate culture
[Link] relation and communication.
Different Steps for successful ERM
COSO(Committee of sponsoring implementation :
Organization): ERM components: [Link] commitment and alignment
[Link] risk culture [Link] Environment:Established risk culture
2. Setting objectives and goals [Link] objectives and goals
[Link] Identification [Link] Identification and associated
4. Risk Assessment [Link] a strong policy framework
5. Risk response [Link] Risk response plans
6. Control activities [Link] Control activities and key risk
[Link] and communication activities
8. Risk Monitoring and Reporting [Link] Information and communication
process
[Link] Monitoring and Reporting
[Link] and development